IoT IN MANUFACTURING
Applications Today and the Future
Increased efficiency
Robotics and automated machinery can work more efficiently and accurately, boosting productivity and helping manufacturers streamline their functions.
Shorter Time to Market
Greater operational efficiencies also allow for a faster and more efficient manufacturing process. Industrial IoT solutions enable direct communication from network components to employees
Reduced Errors
Industrial IoT empowers manufacturers to digitize nearly every part of their business. By reducing manual process and entries, manufacturers are able to reduce the biggest risk associated with manual labor – human error.
Predictive Maintenance
When manufacturers are stuck trying to identify what the issue is, how it can be repaired, and what it will cost. With predictive maintenance powered by industrial IoT solutions, all of those issues are alleviated.
IIoT Adoption in Manufacturing: 8 of the biggest benefits
Improved Safety
All of the data and sensors required of a fully functioning IIoT manufacturing operation are also helping to bolster workplace safety. “Smart manufacturing” is turning into “smart security” when all of the IIoT sensors work together to monitor workplace and employee safety
Line Optimization
If the initial utilization of IIoT during Industry 4.0 was about individual machine optimization, today’s Industry 5.0 is now more focused on optimizing the entire manufacturing process. IoT solutions allow for the standardization of work output across an entire production line, making it easier to optimize operations across entire plants.
Digital Twins
Digital twins refer to exact virtual copies of physical objects made possible by IoT, AI, machine learning, and cloud computing. With virtual copies of equipment and spare parts, engineers and managers can simulate numerous processes, conduct experiments, discover issues, and achieve needed results without risking or damaging physical assets.
Reduced Costs
Knowledge is power, and the knowledge provided to manufacturers via IIoT solutions is giving them the tools they need to reduce costs and generate more revenue. Data-driven insights into operations, production, marketing, sales, and more can steer businesses in a profitable direction